1, JUBILEE WAY, NECTON, SWAFFHAM, PE37 8NA - £195,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 JUBILEE WAY is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £195,000 in September 2021, which was around 40% below the average September 2021 detached price in the Breckland local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

1 JUBILEE WAY Sold Prices

Land registry data shows five sales for 1 JUBILEE WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Breckland local authority area for the corresponding sale date. All of the five 1 JUBILEE WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 30 SEP	£195,000	£324,337	40% below HPI
2015 19 OCT	£155,000	£254,575	39% below HPI
2012 5 NOV	£140,000	£209,861	33% below HPI
2006 12 DEC	£150,000	£216,429	31% below HPI
2004 7 DEC	£138,000	£204,741	33% below HPI

1 JUBILEE WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Breckland local authority area over time, sourced from the HPI. The five 1 JUBILEE WAY sales between December 2004 and September 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the October 2015 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the September 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

How Large is 1 JUBILEE WAY?

1 JUBILEE WAY is 70m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 20% of detached houses in Necton, based on EPC data. The below chart shows the distribution of detached houses by size in Necton, and where 1 JUBILEE WAY lies on this distribution: 17% of detached houses are smaller than 1 JUBILEE WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Necton.

1 JUBILEE WAY: Plot and Title Map

1 JUBILEE WAY sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 1 JUBILEE WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 JUBILEE WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 JUBILEE WAY?

1 JUBILEE WAY is located in NECTON, in the PE37 postcode district. The below map shows the position of No. 1 on JUBILEE WAY.